India Pesticides Limited IPO Message Board (Page 17)

@hchc
where did u see dates of gr infra

Means clash with CST.

What is multibagger in 10 years. I hope it is minimum 20 times?

Nice Question arunARUN Sir,

Consider below Situations
A) Someone told me that stock of ABC will be multibagger (20 times) in 10 years. And I invested 5 lac in ABC. After 10 years my investment becomes 3 lakhs unfortunately. I bcome Multi begger.

B) Someone told me that stock of XYZ will become multibagger(5 times) in 10 years. And I invested 50 k in the stock. After 10 years my investment becomes 2 Lac(4 times).

In case B my investment bcome multibagger. Safe but multifold return and not blindly. Don''t go by examples tht 5 L can also bcome 50L. Understand the logic what I am saying. Safe but sure return and low amount investment risk.
Simply put in Warren Buffett language don''t put all ur eggs in one basket. Just Google n u will know why Chem comp r in sweet spot...Hope bro u will also invest in chem stock...But not 15/20 L.

@Timbaktu

Thank you for sharing informative link...!!!

Financial Details :
Earnings per Share 2017-18 Rs 2,94
Earnings per Share 2018-19 Rs 3.94
Earnings per Share 2019-20 Rs 6.35
Earnings per Share 2020-21 Rs 12.07

Then Or
296/12.07 = 24.5

LATEST
* EPS=(134.53 cr) / TOTAL SHARE(11,17,85,823) = RS. 12.04
* PE=296 / 12.04 = 24.59

Vishnu Calculation is looking Fine. Kindly inform us on allotment date how much u will get. It will give idea of HNI Quota

Your calculation is correct, but if it''s below 1 lot there may not be any allotment. As minimum allotment is for 1 lot.

@vishnu bazar,

It depends on number of applications received in 5500 shares category. As per my knowledge you may receive around 90-100 shares. Please let me know how much received when you get the allotment. Thanks!

you should get more than 108 shares, because many HNI application wont get any shares who apply for less than 51 lots....so ratio will improve due to that....

@lokes,

There is lottery system for the applicants who have applied for less than 51 lots... so all the shares will be allocated and there won''t be any surplus from that quota for the benefit of higher lots applicants. One can study any previous Basis of allotment documents to understand the process. Below is the link for Burger King IPO Basis of Allotment. Lot size for Burger King was 250 shares and HNI quota was over-subscribed by 355 times. You can do all the math by referring to the BoA document . However each IPO there will be slight difference in allocation based on number of applications received at each level in HNI category hence there is a possibility that India Pesticides HNI allocation may be different compared to Burger King. That''s why I requested @vishnu bazar post his allotment once he received it to improve my knowledge.

Basis of allotment for Burger King IPO:
https://listing.bseindia.com/download/348994/ipo_T5/BASISAD_20201211142107.pdf

Thanks!

according to me there is no lottery system in this category

8% interest cost each share costing is 22.70 more then issue price ====> above 318.70 it list HNI WILL GET RETURN....!!!

THANK YOU ALL FOR YOUR REPLY....GOD BLESS YOU

Hello , your calculation is perfect

You will be allotted 108 shares or more depending upon valid application in HNI

Allotment will be a multiple of 50. You will get either 100 or 150

Hi Vishnu. You''ll get 5500/51.88=106 shares. Small ratio error in your calculation

@ANOOPKC- In HNI, allotment in NOT in multiple of lot size ie. 50. So he will most probably get 108 shares.

@KRING

LET''S CALCULATE THE SHYAM METALIKS HNI ALLOTEMENT

https://listing.bseindia.com/download/338417/ipo_T5/D%204_20210623162726.pdf AVAILABLE ON BSE WEBSITE

HNI CATEGORY SUBSCRIBE 332.6187X

SO, IF YOU APPLIED FOR 332.6187 X 45 = 14967.8415 SHARES YO WILL GET 45 SHARES

EX. ONES APPLIED FOR 539190 SHARES

SO, 539190 / 14967.8415 = 36.02323 LOT

WILL GET 36.02323 X 45 SHARES = 1612 SHARES..

HOPE SO CALCULATION IS EASY FOR YOU....!!!!

@Vishnu Bazar,

Yes you are right with your calculation - my skills might have become bit rusty because I stopped applying in HNI category long back. For me its not worth applying in HNI category simply because there are more lucrative opportunities in the secondary market rather than blocking your money for a week for a meager return. So nowadays I simply apply for one lot in RII category and leave it. However I was surprised by one of your comments that there no lottery system in this category - please go through it again. Its your money but if you are betting such a huge money without understanding the basic rules is a recipe for disaster. Just a friendly advice, take it or leave it. Cheers!!

@Vishnu Bazar,

To clear further my point on Lottery System in HNI category, if you refer to the same BoA document you have shared for Shyam Metallics, Allocation ratio for categories 675 to 1080 is like 46:1011, 4:89, .... 1:11. So on what basis 1 out of 11 applications is chosen for 1080 category? Do you think the registrar has allotted 45 shares to his Bua/Bhatija? Its a lottery system. I was just highlighting this to @lokes when he wrote that people below 51 lots will not be allotted and those shares will be distributed to you. I hope it is clear now. Cheers!!

@kring
How is this number of 46, 4 .. is calculated in this ratio. I understand that 1011 is the number of application but from where this 46 deducted in ratio 46:1011 ?

I agree with 1612 share calculation